Meta

Hi, Troy Chowanec from RE/MAX Realty 100. Today is Friday December 14th 2012 and I am coming to you from the Victory Creek Subdivision in Franklin Wisconsin. I wanted to give you a quick market update on what is happening in the Franklin marketplace in specific.

In the month of November 2012 there were 23 properties that sold. (single family homes) The average asking price was $267,128 and the average sold price was $257,672. That represents a 96% listing price to sold and closed price ratio. The average square footage of these homes was 1984 and they were on the market approximately 213 days on average. The low sold price for the month of November was $112,500 and that goes to a property at 11447 W. Swiss Street, that’s over in the St. Martins area. The high sold price was $400,000 and that was for a property over at 9783 W. Prairie Grass Way, that’s over off hwy 100 in the Prairie Grass Subdivision. The median price home that sold in November 2012 was $239,000 and that was for a property that sold over at 4477 W. Thorncrest Drive.

Currently there’s 107 active listings for sale in the Franklin market place. Last month when I reported we had 116 active listings and in September there was 142. So a great big decrease in the number of listings right now which is typical for this time of year as we wrap things up. A number of listings are expiring, Sellers are maybe waiting to put their house on the market next year. It’s typical this time of year to see a dip in the number of listings. The average asking price for the homes on the market right now in Franklin is $294,229 and the average square footage of those homes is 2143 Square Feet. The days on market right now is on average 198 days. The low price still goes to a property over at 7846 S. 51st Street. $54,900 is the asking price. The high price still goes to a property listed over at 9301 W. Rawson Avenue, that price is $999,000. The median price right now goes to a property that’s listed for $260,000 and that’s for a property at 8771 S. 76th Street over there in Franklin south of Drexel Ave.

If you have questions specifically about your home in Franklin about how I might be able to help you sell it or if you want to buy a home in Franklin feel free to reach out to me either by giving me a call or sending me an email. Again, my name is Troy Chowanec with RE/MAX Realty 100. Have a Merry Christmas and Happy Holidays!